COURSE DESCRIPTION:

"Developing a Transportation Asset Management Plan" is blend of online and classroom training that introduces the role of the Transportation Asset Management Plan (TAMP) as a planning, communication, and accountability tool. This course also provides the information necessary for an agency to develop or enhance a TAMP. This course is the second in the series of courses on transportation asset management. It is required that participants have attended 131106 or 131106A prior to attending this course, or have a solid background in transportation asset management principles and planning.

The course focuses on three primary components to the TAMP, including strategic performance measurement, risk assessment, and financial management. It also provides templates and guidelines for use in developing a TAMP.

The course is 1.5-days in length. Prior to attending the first day of class, participants must complete the online, 1-hour training module NHI-131106C "Introduction to a Transportation Asset Management Plan." Information on how participants access this training is provided to the host by the instructor once the session is confirmed.

OUTCOMES:

Upon completion of the course, participants will be able to:

Describe the role of a Transportation Asset Management Plan in a transportation agency.

Identify strategies for incorporating risk into investment decisions.

Explain how to determine whether an agency is making sustainable, long-term investments in its assets.

Develop a Transportation Asset Management Plan that matches the amount of data and the sophistication of the analysis tools available.

TARGET AUDIENCE:

The course is intended for senior-level and mid-level managers from State departments of transportation and other transportation agencies, who have the responsibility for decision-making in one or more areas addressed by transportation asset management. Course participants should represent a broad range of organizational units, such as (but not limited to) planning, engineering (facility management, design, and construction), capital programming, maintenance and operations, financial management, traffic and safety engineering, system operation and management, and information technology. If the agency has an Asset Management Steering Committee, its members would benefit from this course. In addition, individuals who manage individual assets or provide critical information to senior managers, or who have direct responsibility for meeting specific transportation system performance or program delivery targets, are also excellent candidates for attending the course.